1 bed flat for sale

Wellington Road, Orpington BR5

This is a fantastic opportunity for investors and buy to let landlords to acquire this freehold studio with no onward chain.

The property consists of a 234 sqft room with seperate WC, with window and entrance door to the front of the building.
There is some space to the side of the property where you could extend (subject to planning permission) and a parking space to the rear of the building.

The property is ideal to be converted into a self-contained studio apartment (subject to obtaining the neccessary consents). Offers are invited from cash buyers as the property is not currently suitable for mortgage finance.

Auctioneer, iamsold Limited
This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor (for standard Grade 1 properties). This additional time allows buyers to proceed with mortgage finance (subject to lending criteria,
affordability and survey).
The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee, subject to a minimum of £6,600.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded.
This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack. The buyer will also make payment of £300 including VAT towards the preparation cost of the pack, where it has been provided by iamsold.
The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.
Referral Arrangements
The Partner Agent and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted.
Where services are accepted the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you.

Orpington is a thriving suburban town within the M25 with many people drawn to the area for the reputable schools and the railway stations that can transport you into London in as little as 17 minutes. The Town Centre has a comprehensive range of shops and facilities including the Walnuts Shopping Centre and Odeon cinema. Sports facilities are also well catered for with the Walnuts Leisure Centre, golf courses, football and rugby clubs all within the area. You will also find larger stores at the Nugent Retail Park along with electrical superstores, furniture shops and diy centres along the Sevenoaks Way. Shopping centres at Bluewater and Bromley can also be found within 10 miles drive or bus ride.

Local Authority: Bromley
Council Tax Band: A<br /><br />